Victoria expands scheme to subsidise ceiling insulation installations
The Victorian government has expanded the Victorian Energy Upgrades (VEU) program to include upfront discounts on ceiling insulation. The government says households could save more than AU$400 a year on power bills.
Households could save more than AU$400 annually on power bills through the expanded VEU ceiling insulation discounts.
How does Victoria's expanded ceiling insulation subsidy affect my work as a tradie?
Insulation installers, builders and carpenters in Victoria may see more demand as upfront discounts make ceiling insulation cheaper for households. Accredited providers should check the VEU requirements.
Key takeaways
- Victoria has expanded the Victorian Energy Upgrades program to cover ceiling insulation.
- Households get upfront discounts on ceiling insulation installations.
- The government says savings could exceed AU$400 a year on power bills.
Related
WA passes new payment protection laws for subcontractors
Western Australia's Parliament has passed new payment protection laws for subcontractors. The changes, made through an amendment to the Building and Construction Industry (Security of Payment) legislation, aim to give subcontractors stronger protection against insolvency.
Why it matters: Subcontractors in WA, including plumbers, electricians, carpenters and other trades, get stronger protection if a head contractor becomes insolvent. This could reduce the risk of unpaid work and cash flow problems.
South Yarra apartment owners urge government commitments over building defects
South Yarra Square residents at 100 Commercial Road are asking Prahran seat candidates to commit to helping owners with legacy building defects. The article excerpt gives no details on the defects or the costs involved.
Why it matters: Builders and trades that work on apartment construction and rectification may see more scrutiny of defects and possibly new government support or rules. Defect claims could mean more rectification work and liability exposure.
ATO ramp up of small business debt collection
Master Builders Australia has published a news item saying the ATO is stepping up its debt collection against small businesses. The text provided gives no further detail on the measures, timing or amounts.
Why it matters: Builders and other trade businesses with outstanding tax debts may face firmer ATO collection action, which could strain cash flow. Details are not in the source text, so check the ATO or Master Builders directly.